BINANCE:SOLUSDT is in an interesting area where it could go either way. Upside target on the bigger pattern that has been running all year is around 34 (Fibonacci number).
There is a CIT window on Friday 21st April so if we get a retracement back to 22-23 area that will set up the move higher.
There is also the possibility of a deeper correction back down to 15...
I decided to display how I mark up my charts. I will be trading EURUSD going forward. I intend on leaning closed into naked trading as I don't use many indicators.
Tried to analyse PACW stock price as per Fib ratio and daily average price levels. Expecting $5.34 as opening price on Monday, new fall is also expected as price seems to be at the golden level and can fall below $2. This will be the 4th crash after SVB or signature banks, etc. Friday price took a reversal but seems there's lot of pressure on the sell side, also...
NASDAQ:AAPL Has rallied 35% this year and is coming into Earnings this week.
Most of the other Tech giants have reported and have had rallies, Is AAPL going to continue this or are we due for another correction to get long.
If its really bullish like the last move a move back to 160 would be all we get. If it breaks through these levels then 150-155 is the...
I have plotted chart of Greaves Cotton in monthly time frame. In longer period, we have observed that stock is continuously moving in range of INR 115-150 since Mid of 2014. Only due to covid crash, price went out off from the range. It is showing very long term consolidation.
In long term, company has earned a good reputation in manufacturing EV vehicles and...
This right here is a symmetrical triangle which i believe could break to the upside. But regardless we shall see what happens cause the price even break towards the bottom which could result in massive fall due to the presence of a major yearly trendline, but at the end of the day this setup is just out here for the record ( and for fun;) ).
Happy Trading !!!
Tata motors formed a double top this month and proceeded to fall down till a weekly support which i believe if broken might lead to providing a good Short position in Futures. A more least case scenario might be that price goes up from here till the previous top and end up forming a parallel channel, but best belief its gonna go in the favour.
Happy Trading !!!
the wave count dictates that we are in wave X of a minute degree and yet we haven't show the complete pattern so here is the probabilities:
1) Triangle : it is the highly probable pattern, and since the wave B/X is smaller than A/W and wave C/Y is bigger than wave B/X allows us to assume that a probable triangle would be a barrier triangle, with that being said...
Dxy long term sells?, Expanding ascending to the top showing loss of momentum from the bulls, Now Market structure has been broken, the bulls have failed to create a new HH. Your thoughts would be appreciated on this one
this setup is for the future as deepak nitrite forms a wick rejection from its support and ended up forming a hammer candlestick which might indicate a possible upside reversal or else the support will break. But regardless its a decent setup personally and we might see what happens on monday itself.
Happy Trading !!!
Strong daily bullish candle in zone, if we get another confirmations on lower time frames, we can open trade. Final target for me is 168.000
Tell me, what do u think about GBPJPY
after a huge upside AXS peaked a new high of 15$ and has now formed a solid looking parallel channel and if this breaks to the upper side then AXS might peak 16-18$. But i then i would be glad to go short as well if it breaks to the downside, just expecting a reaaly sharp move towards either side.
Happy Trading !!!
this one is for 16th AUG and im completely bearish with one because of the high wick we can on the latest candle and even in the previous highs.
-Happy Trading !!!
i really think that this resistance level will be broken, maybe not the nest trading day but it eventually will. yup not much to tell about it, just a simple resistance area :D
-Happy Trading !!!
This chart is rather simply mocked up. However the resemblance of how the last 7 years before the 2001 stock market crash and the last 7 years leading up to the 2021 stock market crash were rather uncanny to say the least.
Even more so, almost to the day/week how the patterns have resembled the exact formation of the 2001 cycle almost to the exact...
COINBASE:ETHUSD Is in a CIT Window which could see it reverse into this evening.
There is also a smaller pattern completing between 1680 - 1700.
Lets see if we can get a reaction here.
This is the set up we look for, A rally into the expected CIT window with a pattern.
I hope this helps. Enjoy the day. 👍👍
